Personal Bank account or Business Bank account for 5 DIGIT deposits?

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  • Rhino22
    Confirmed User
    • Jan 2004
    • 2288

    #1

    Personal Bank account or Business Bank account for 5 DIGIT deposits?

    Im recieving large amount of wires and checks into my bank account right now, but its a personal bank account in my name. Should I get a business bank account instead under my business name? whats the advantages and disadvantages to both?
  • Sosa
    In Tushy Land
    • Oct 2002
    • 40149

    #2
    do you run eveything as being self employed? Or do you have a corp or llc? If you have a corp or LLC put your stuff under the company.

    If your pushing that much money and going without a corp or LLC I think that is pretty stupid.

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    • MetaformX
      Confirmed User
      • Mar 2002
      • 6704

      #3
      Originally posted by Sosa
      If your pushing that much money and going without a corp or LLC I think that is pretty stupid.

      Comment

      • skillfull
        Confirmed User
        • Apr 2003
        • 4716

        #4
        Originally posted by Sosa
        do you run eveything as being self employed? Or do you have a corp or llc? If you have a corp or LLC put your stuff under the company.

        If your pushing that much money and going without a corp or LLC I think that is pretty stupid.
        amen to that
        mind at underdark dot cc
        SEO Analyst
        Thunder-Ball.net - Member

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